
ArcelorMittal S.A. / Financial strength (Piotroski F-Value)
The F-Value, developed by Stanford accounting professor Joseph Piotroski, measures a company's financial strength based on nine distinct criteria. Piotroski suggest using the value as part of a value investing strategy to rank stocks with a low price-to-book ratio. The approach is described in detail in Piotroski's 2002 Paper Value Investing: The Use of Historical Financial Statement Information to Separate Winners From Losers.
- Financial strength (Piotroski F-Value)
-
6 / 9
- Return on assets (ROA) greater than 0
- check 2.5%
- Operating cash flow greater than 0
- check $4.21B
- ROA greater than previous year
- check 2.5% > 0.4%
- Cash flow return on assets (CFROA) greater than Return on assets (ROA)
- check 5.0% > 2.5%
- Leverage ratio lower than previous year
- close 10.7% ≥ 9.7%
- Current ratio greater than previous year
- close 139.7% ≤ 152.7%
- No new common stock issued last year
- check $0.00
- Gross margin greater than previous year
- check 78.1% > -11.7%
- Asset turnover greater than previous year
- close 61.3% ≤ 88.4%
F-Value history
The F-Value is calculated for each quarter based on the cumulation of the previous four quarterly statements. Click on the chart to see the F-Value at a specific time in the past.
-
8
-
8
-
7
-
7
-
4
-
7
-
7
-
7
-
7
-
7
-
9
-
4
-
4
-
5
-
3
-
4
-
4
-
5
-
7
-
8
-
8
-
8
-
8
-
6
-
6
-
5
-
4
-
4
-
5
-
5
-
5
-
7
-
7
-
5
-
5
-
6
-
7
-
7
-
5
-
4
-
4
-
5
-
5
-
7
-
7
-
7
-
6
-
6
-
7
-
6
-
6
-
4
-
3
-
3
-
3
-
7
-
7
-
7
-
7
-
8
-
8
-
8
-
8
-
7
-
6
-
4
-
4
-
3
-
3
-
3
-
4
-
4
-
6
-
6
-
8
-
8
-
8
-
8
-
8
-
4
-
5
-
5
-
5
-
6
-
7
-
6
-
5
-
6
-
5
-
6